Renters Warehouse in Dallas, Fort Worth on Track to Hit 500 Properties Under Management
DALLAS / FORT WORTH, TX (PRWEB) June 02, 2016 - One of Renters Warehouse’s newest corporate locations is on track to hit 500 properties under management in the Dallas and Fort Worth markets.
As one of the largest and most awarded residential property management companies in the U.S., Renters Warehouse manages almost 15,000 homes across the country and almost $3 billion worth of residential real estate.
The Dallas-Fort Worth corporate office, operated by Michael Park and Ray Davis, was formed in January 2016 when the Dallas and Fort Worth franchises merged after two years in operation.
“We have had tremendous success over the last two years,” said Michael Park, Regional Vice President for Dallas-Fort Worth. “Dallas is a fantastic market, with enormous growth potential. Folks from all over the country are recognizing that we have a great business climate, which has fuelled the growth of Dallas-Fort Worth. Dallas is a great place to be, and Renters Warehouse is thrilled to be in this market.”
Dallas is one of America’s fastest growing cities and its rental market is on fire. In 2015, the population rose by more than two percent and the job growth rate exceeded four percent. With an increased population and a housing inventory shortage, homeowners have the opportunity to quickly find premium tenants for their properties.
It’s been a year of phenomenal growth for Renters Warehouse. In 2015, the company virtually doubled its national footprint, proudly operating 28 offices (now 32) in 17 states, an increase from 15 offices in 9 states at the end of 2014. Annual revenue reflected their bold moves as well, as the company experienced 41% year-over-year growth going from total revenue of $17.9M in 2014 to $25.2M in 2015.
The management team at Renters Warehouse were recently named Silver Stevie® Award winners in the category Executive of the Year and Management Team of the Year in the 14th Annual American Business Awards.
Renters Warehouse exists to help homeowners to discover wealth and financial freedom through Rent Estate™. To learn more about Renters Warehouse or to find out how much your home will rent for, visithttp://www.renterswarehouse.com today!
About Renters Warehouse
Renters Warehouse, founded by Brenton Hayden in 2007, is one of the fastest-growing and highest-reviewed property management companies in America, and the largest in Minnesota. Managing over 13,500 properties nationwide, the Renters Warehouse team of Professional Landlords is dedicated to helping everyday homeowners lease and manage their residential real estate with confidence. In 2015, the company officially trademarked the term Rent Estate™ to redefine the entire industry as real estate gives way to this new lucrative asset. They currently boast 32 offices in over 17 states and growing. Not only has Renters Warehouse received the prestigious honor of being included on the Inc. 500 | 5000 list of fastest-growing privately held companies in America six consecutive years in a row, this Great Rated company was also named one of the “Best Places to Work” by the Minneapolis St. Paul Business Journal in 2010, 2011, 2012, 2014, and 2015 and by the Phoenix Business Journal in 2013 and 2014, and was honored as one of America's "Best Places to Work" in 2012, 2014 and 2015 by Outside Magazine. Recognized as leaders in real estate, business management and innovation, they have been honored with 18 Business Stevie Awards both internationally and stateside.
SOURCE Renters Warehouse
(on behalf of Renters Warehouse)
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